Ling Ling is a member of Sutherland's Corporate Practice Group, where she focuses her practice on corporate mergers and acquisitions involving financial services companies, corporate reorganizations and joint ventures. Her experience includes transactions involving insurance companies' sales and acquisitions of entities or blocks of policies via indemnity or assumption reinsurance. Her practice also involves representing insurers in structured finance and life insurance reserve securitization transactions. Ling also has extensive experience in corporate reorganizations, joint ventures and secured and unsecured lending transactions. Representative Experience Ling's recent representative experience includes: · Representing a large foreign company in a joint venture with a U.S. company. · Representing QBE in an acquisition of a block of property and casualty policies from Bank of America. · Representing ING in a variety of XXX and AXXX reserve securitization transactions involving syndicated and bilateral letter of credit facilities or the establishment of onshore captive reinsurers and the issuance of surplus notes by the captive to support the Regulation XXX/AG 38 reserve of its insurance subsidiaries. · Representing ING in the restructuring of its individual life reinsurance transaction with Scottish Re and Hannover Re. · Representing Wilton Re in its acquisitions of various insurance companies and block insurance policies. · Representing Great-West Life and Annuity Insurance Company in its acquisitions of full-service retirement businesses from MetLife, U.S. Bank and Franklin Templeton. · Representing Advantage Sales & Marketing Inc. in its sale to a venture fund sponsored by JW Childs and Merrill Lynch Global Capital for approximately $1.05 billion. · Representing ING in the sale of its individual life reinsurance business to Scottish Re. · Representing Swiss Re in its acquisition of all individual life and annuity business from CNA Financial Corporation for $690 million, acquisition of Guarantee Reserve Life Insurance Company for $121 million, and its reinsurance of all of the business of Aurora National Life Assurance Company. · Representing Swiss Re in its sale of employer stop-loss business to Safeco Life Insurance Company. · Representing Lincoln National Corporation in the sale of its reinsurance business to Swiss Re for $2 billion. · Representing Lincoln National Corporation in its acquisition of Aetna's individual life insurance business for $1 billion and John Alden's medical stop-loss business for $41 million. · Representing Allied Capital Corporation in its provision of approximately $180 million in the form of equity and subordinated debt to recapitalize and acquire a majority interest in Advantage Sales & Marketing Inc. · Representing Allied Capital Corporation in its $600 million revolving credit facility and various domestic note offerings. · Representing Eureko B.V. in the sale of its U.S. insurance operations to The Centris Group. · Representing Vitol Gas & Electric LLC in the sale of its power marketing business to Avista Corp. for an undisclosed amount. Professional and Community Involvement · Member, Business Section, American Bar Association Publications · Author, "Unveiling a New Model: Reconsidering Credit for Reinsurance Laws," Partnering Perspectives (Summer 2011) · Contributing author, Committee on Partnerships and Unincorporated Business Organizations, Prototype Limited Liability Partnership Agreement, (Business Section, American Bar Association 2003) · Author, "Manuel v. United States: The Question of the Exclusivity Rule in Section 745 of the Suits in Admiralty Act," Vol. 75 North Carolina Law Review 639 (1997) Industries Retirement Products and Services News Sutherland Elects New Partners and Counsel
February 5, 2009 Legal Alerts Legal Alert: FSOC Proposal Further Clarifies Which Nonbank Financial Companies Could Be Designated "Systemically Important Financial Institutions"
October 17, 2011 Legal Alert: FSOC Proposed Rulemaking on Fed Supervision of Nonbank Financial Companies: Congress Questions Transparency
May 23, 2011 Legal Alert: FSOC Proposed Rulemaking on Fed Supervision of Nonbank Financial Companies: Critics Submit Comments and Ask Who is Speaking on Behalf of the Insurance Industry
March 7, 2011 Legal Alert: The Financial Stability Oversight Council Takes Action: New Insight into Determination of Which Insurers May Be Subject to Enhanced Oversight
February 18, 2011 Legal Alert: NAIC Proposes Expansive New Governance, Risk Management and Reporting Duties on Insurance Holding Company Systems; A New Liability Profile Emerges for Directors and Senior Management
July 9, 2010 Legal Alert: NAIC Proposes Federal Legislation That Could Reduce Reinsurance Collateral Requirements
October 16, 2009 Legal Alert: Suitability, Solvency Modernization, International Accounting and Derivatives: The NAIC 2009 Summer Meetings
June 30, 2009 Legal Alert: New York Modernizes Regulation on Reinsurance Collateral
November 5, 2007 |